Global Automobiles Undervalued based on future growth

Mercedes-Benz Group

Market Cap: €44.4b

Operates as an automotive company in Europe, Germany, North America, the United States, Asia, China, and internationally.

Bayerische Motoren Werke

Market Cap: €40.7b

Develops, manufactures, and sells automobiles and motorcycles, spare parts, and accessories worldwide.

Geely Automobile Holdings

Market Cap: HK$206.5b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

Great Wall Motor

Market Cap: HK$151.7b

Engages in the manufacture and sale of automobiles, and automotive parts and components in the People's Republic of China, Europe, ASEAN countries, Latin America, the Middle East, Australia, South Africa, and internationally.

Lear

Market Cap: US$7.3b

Designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America.

Ford Otomotiv Sanayi

Market Cap: ₺304.2b

Engages in the manufacturing, assembly, production, import, and sale of motor vehicles and spare parts in Turkey and internationally.

Zhongce Rubber Group

Market Cap: CN¥41.7b

Engages in the research and development, production, and sale of tire products in China.

Hankook Tire & Technology

Market Cap: ₩8.8t

Manufactures and sells tires in South Korea and internationally.

Sailun Group

Market Cap: CN¥39.1b

Engages in the research and development, manufacturing, and sale of tires and tire recycling products in China, Europe, the United States, Asia, Africa, and internationally.

Valeo

Market Cap: €3.5b

A technology company, designs, produces, and sells products and systems for the automotive markets in France, other European countries, Africa, North America, South America, and Asia.

Loncin Motor

Market Cap: CN¥26.0b

Manufactures and sells generating sets, agricultural machinery equipment, light-duty power units, and two-wheeled motorcycles in Japan and internationally.

Ninebot

Market Cap: CN¥25.8b

Engages in the research and development, production, sale, and servicing of short-distance transportation and robot products in China and internationally.

Sumitomo Rubber Industries

Market Cap: JP¥559.2b

Provides tires, sports, and industrial and other products in Japan and internationally.

Tofas Türk Otomobil Fabrikasi Anonim Sirketi

Market Cap: ₺147.7b

Engages in manufacturing, exporting, and selling passenger cars and light commercial vehicles in Turkey.

AIMA Technology Group

Market Cap: CN¥18.1b

Engages in the research and development, production, and sale of electric bicycles, mopeds, and motorcycles in China and internationally.

Shandong Linglong TyreLtd

Market Cap: CN¥17.4b

Designs, manufactures, develops, and sells tires in the People’s Republic of China.

Johnson Electric Holdings

Market Cap: HK$20.0b

An investment holding company, manufactures and sells motion systems the Americas, the Asia-Pacific, Europe, the Middle East, Africa, and the People’s Republic of China.

Toyota Boshoku

Market Cap: JP¥385.4b

Develops, manufactures, and sells automotive interior systems in Japan, the United States, China, and internationally.

Weifu High-Technology Group

Market Cap: CN¥16.1b

Researches, develops, produces, and sells automotive products in the People’s Republic of China.

Qingdao Sentury Tire

Market Cap: CN¥15.6b

Engages in the research, development, production, and sale of radial tires and aircraft tires in China and internationally.

IKD

Market Cap: CN¥15.1b

Researches, develops, produces, and sells automotive aluminum alloy precision die castings parts in the United States, Europe, and Asia.

Gestamp Automoción

Market Cap: €1.8b

Designs, develops, and manufactures metal components for the automotive industry in Western Europe, Eastern Europe, Mercosur, North America, and Asia.

SL

Market Cap: ₩3.1t

Manufactures and sells automotive parts in South Korea, North America, China, India, Europe, South America, and internationally.

Hankook

Market Cap: ₩2.6t

Manufactures and sells smart energy solutions.

Wuxi Zhenhua Auto PartsLtd

Market Cap: CN¥8.9b

Manufactures and sells auto parts in China.

Zhejiang Asia-Pacific Mechanical & ElectronicLtd

Market Cap: CN¥7.8b

Engages in the development, production, and sale of automotive parts and accessories in China and internationally.

Dometic Group

Market Cap: SEK 9.6b

Provides mobile living solutions for food and beverage, climate, power and control, and other applications in the United States, Germany, Australia, Italy, France, United Kingdom, Japan, Canada, the Netherlands, Sweden, and internationally.

GSP Automotive Group WenzhouLtd

Market Cap: CN¥6.7b

Researches, develops, and sells automobile chassis systems in China, Europe, North America, South America, Asia, Oceania, and Africa.

Kumho Tire

Market Cap: ₩1.4t

Engages in the manufacture and sale of tires in South Korea, Europe, North America, Central and South America, Asia, and internationally.

Standard Motor Products

Market Cap: US$877.2m

Manufactures and distributes replacement automotive parts in the United States, Europe, Canada, Mexico, Poland, and internationally.

Winnebago Industries

Market Cap: US$826.5m

Manufactures and sells recreation outdoor lifestyle products primarily for use in leisure travel and outdoor recreation activities.

Tianneng Power International

Market Cap: HK$5.9b

Engages in the research, development, manufacture, and sale of lead-acid batteries and its accessories for the light electric vehicle market in the People’s Republic of China.

Depo Auto Parts Industrial

Market Cap: NT$23.4b

Manufactures and sells automotive and other related lighting products in Taiwan, Asia, and the United States.

CIR. - Compagnie Industriali Riunite

Market Cap: €594.7m

Through its subsidiaries, operates in the automotive components and healthcare sectors in Italy, the rest of European countries, North America, South America, Asia, and internationally.

Piaggio & C

Market Cap: €596.3m

Engages in the development, manufacture, and distribution of two-wheeler and commercial vehicles.

Astra Otoparts

Market Cap: Rp11.6t

Manufactures, sells, distributes, and exports spare parts for two-wheelers and four-wheelers in Indonesia, the Rest of Asia, the Middle East, the United States, Europe, and Africa.